US EditionHow were Donald Trump's tariffs calculated?
- President Donald Trump announced a 10% tariff on nearly all countries, effective April 5, 2025, due to an 'economic emergency' declared by his administration.
- Certain countries, including China, will face even higher tariffs due to being labeled 'worst offenders' in trade practices by Trump.
- Countries already facing U.S. Sanctions, such as Russia and Iran, will not be affected by the new 10% tariff.
- Economists warn that these tariffs may lead to increased prices for imports, potentially harming the economy due to inflationary pressures.
165 Articles
165 Articles
Jim Cramer: Trump tariff numbers 'do not make any sense'
CNBC host Jim Cramer tore into President Trump over the sweeping new tariffs his administration announced this week on nearly all foreign trading partners. “The numbers do not make any sense," Cramer said Thursday during an appearance on CNN. He claimed the president's economic advisors and aides on trade "really screwed up," and constructed the tariffs "in an ill-advised way." "And I was very let down as someone who really, truly believes that …
Commercial war: the strange calculation of the White House to justify customs duties
The U.S. President has imposed new reciprocal and massive taxes on goods entering the U.S., in addition to the previous ones, which raise fears of serious consequences for the world economy. But the Trump administration's method of calculating these tariffs is a matter of debate.
This is how Trump laid out the tariffs: “Napkin sketch”
How did Trump's experts calculate the outside world's tariffs against the United States? Experts see how the percentages are calculated and call it “invented” and “idiotic”. Meanwhile, Trump is mocked on the internet for putting tariffs on all exports -- from an island inhabited by penguins.
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